Dow's record-breaking year still shy of real record

10:40 PM,
Jul. 24, 2013

Traders work the floor at the New York Stock Exchange.

Written by

Adam Shell
Gannett

Sure, it's been a record-breaking year on Wall Street. The blue-chip Dow has posted 28 record closing highs this year. And the benchmark S&P 500 index has notched 23 new records,

But the go-go stock market of 2013, which suffered losses of 0.4 percent Wednesday and did not make new peaks, still has a long way to go to break the all-time record for the most new highs ever in a year.

How long? For the Dow Jones industrial average, it would take 42 more record closes to eclipse the record 69 record highs it notched back in 1995, according to S&P Dow Jones Indices. Similarly, the Standard & Poor's 500 index ...